Magenta Group is gearing up to launch India’s first largest public EV Charging Station. The company has sent out invites for the inauguration of the largest public Charging Station that is scheduled for 13th July 2021.
As of now, not much is known about the charging station and specialty that it is going to incorporate.
Early this year in March, Magenta became the first company to install a streetlamp electric vehicle charger. Hindustan Petroleum Corporation Limited and Magenta opened the new ChargeGrid Flare EV charger for operations at two locations – HPCL Bandra Kurla Complex outlet in Mumbai and Nitimarg T&E outlet in Delhi.
Magenta in May this year closed its Series A funding round at USD 15 million (INR 120 Crores) from Florida-based Dr. Kiran C Patel. Magenta aims to smart-charge 30% of all Indian EVs amounting to 3000 GW hr of power annually by 2030.